Latest property news
Daily property news in the UK residential sector focused on estate and letting agency, property auctions and property managers.
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Holiday lets ‘free-for-all’ over as HMRC cracks down
HMRC has started almost 2,000 investigations into income earned by holiday homeowners in the last year.
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Rightmove rolls out new material info fields for agents
Portal warns agents that those who do not fill in the new fields face fines – and even prison sentences.
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Landlords ‘increasingly keen’ to bring rents up to market averages
Hamptons says 90% of tenants renewing an existing contract saw rents increase while 60% of landlords achieved a higher rent…
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Properties now taking seven months to sell, warns Rightmove
Despite a surge in asking prices driven by pent-up demand and a strong Spring season, selling still takes seven months…
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First-time buyers paying 191% more than parents did in 1990s
My Home Move Conveyancing Director, Alistair Singer, says average earnings-to-house-price ratio has more than doubled from 4.0 to 8.1 adding…
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NEW: Jaw-dropping AI writes property descriptions from images
ModelProp AI announces the integration of Chat-GPT4o into its products, which features a property descriptions writer.
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Surveyor expelled by RICS after failures cause sales to fall through
Ian Prince of Principles Surveyors in Nottinghamshire inspected properties but did not deliver reports despite repeated customer reminders.
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Lords and Bishops attack Government over Section 21 ban delay
The Government and Lords Housing Minister Baroness Swinburne faced a rebellion as the Renters (Reform) Bill was given its second…
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MARKET: Here’s where homes are cheaper to buy than rent, says Zoopla
Across the UK a third of homes for sale are cheaper to buy than rent, with the average first-time buyer…
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Estate agents, your next first time buyer could be over 50!
Earlier this week, new data from the Bank of England revealed that the last quarter of 2021 nearly a third…
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